590 Morris Park Ave APT 1BronxNY10460
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Bronx at 590 Morris Park Ave APT 1, Bronx, NY, 10460 at $1,200,000 posts ROI 7% with from $3,682/mo rent. Total monthly income equals $3,682/mo. Return on cash invested measures 7% and rental yield reads 3.68% at the current $1,200,000. Equity gained on principal adds $7,743/yr, and 5% annual appreciation supports $331,538 by year five. Five-year ROI prints 34.18% and total cumulative return in cash totals $132,899. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,682/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Multi Family
Built in 1931
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 10460, Bronx, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,271 (100%) |
| Owner Occupied HU | 2,110 ( 8.3%) |
| Renter Occupied HU | 21,219 (84.0%) |
| Vacant Housing Units | 1,942 ( 7.7%) |
| Median Home Value | $636,538 |
| Average Home Value | $662,245 |
Housing Distribution
Address Breakdown
Residential
23,138
Single Family
2,714
Multi-Family
20,424
Businesses
733
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